ALTERNERGY HOLDINGS Corp. has received clearance from the National Grid Corp. of the Philippines (NGCP) on its system impact studies (SIS), confirming that the ALTERNERGY HOLDINGS Corp. has received clearance from the National Grid Corp. of the Philippines (NGCP) on its system impact studies (SIS), confirming that the

Grid ready for Alternergy’s 500 MW of RE, says NGCP

2025/12/12 00:04

ALTERNERGY HOLDINGS Corp. has received clearance from the National Grid Corp. of the Philippines (NGCP) on its system impact studies (SIS), confirming that the grid can accommodate up to 500 megawatts (MW) of renewable energy (RE) projects.

The clearance allows the company to proceed with development planning and advance toward its 1-gigawatt (GW) capacity target by 2030.

In a statement on Thursday, Alternergy President Gerry P. Magbanua said: “The NGCP clearance of the SIS is a significant step to move our projects forward. It confirms the grid’s capability and readiness to integrate our projects into the system.”

The SIS assesses the adequacy and capability of the transmission system to accommodate new connections. While not a final operational approval, it is a crucial post-auction requirement under the fourth round of the Green Energy Auction Program (GEA-4).

Alternergy won five renewable energy projects under GEA-4, including Liberty solar floating projects in Tarlac, Kalandagan solar power project with battery energy storage system in Samar, Tayabas North wind energy project in Quezon, and Alegria wind power project in Cebu.

These projects are targeted for completion in December 2028 and represent the company’s next phase of development toward its 1-GW goal.

Separately, Alternergy disclosed that the target commercial operations of its 128-MW Tanay wind project in Rizal and 64-MW Alabat wind project in Quezon have been moved to next year due to permitting challenges.

Once operational, the 24 turbines from these projects are expected to generate significant revenue for the company.

“The nearly 200 megawatts of additional capacity coming online represent a significant step forward in the corporation’s financial performance,” the company said.

Alternergy is a renewable energy pioneer with a portfolio spanning wind, run-of-river hydro, solar farms, commercial rooftops, battery storage, and offshore wind projects. — Sheldeen Joy Talavera

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Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
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BitcoinEthereumNews2025/09/18 00:40